Many brothers are shorting #INIT this coin

In fact, there is a certain level of risk

After all, the project belongs to the modular track's infrastructure, the story is well told, the endorsements are good, and the team's operational dialogue ceiling is quite high

It is recommended to set stop-loss for shorting

As Binance's #Binance 68th #Launchpool project, many people should have also benefited from it

Speaking of which, I must list two tokens #ETH #BNB

I have been dollar-cost averaging Ethereum for more than a year, and I am still losing money

The returns from dollar-cost averaging BNB have long multiplied several times with the price increase

So

In a bull market, you must hold #BNB and wait for it to take off

In a bear market, you must dollar-cost average #BNB to accumulate well

Next, let me briefly outline #Initia

Project Introduction

Initia is a full-chain Rollup network built by integrating novel L1 with application-specific L2 infrastructure systems. The Initia platform provides product-ready Rollups, enabling teams to build scalable sovereign systems while eliminating the user experience complexities faced by end users when interacting with the modular multi-chain universe. Initia has a complete tech stack to achieve a set of chain-level mechanisms that align the economic interests of users, developers, L2 application chains, and L1.

Briefly outline

Initia L1 is a customized Layer 1 blockchain that serves as the central coordination layer for all Interwoven Rollups. L1 is built on Cosmos SDK! As for Interwoven Rollup, it is a concept proposed by #Celestia. Those interested can check the information themselves; it is very complex, and non-technical users should be cautious

The Initia layer network primarily handles the following areas

1. Security: Rollups utilize the security of Initia L1 for various purposes, including token bridging, state commitments, and fraud proofs

2. Liquidity: InitiaDEX on L1 serves as the central liquidity hub of the ecosystem, providing a seamless experience for token liquidity and cross-rollup bridging and swapping

3. Interoperability: L1 acts as the central hub and router for Rollups, enabling seamless communication and state transitions between Rollups and the broader blockchain ecosystem

4. Incentives: L1 supports various incentive programs, including vested interest programs (VIP) and Enshrined Liquidity